Apptivate Africa, Dime Credit collaborate to enhance employee financial wellness through salary advance programme

Nairobi,

Friday January 26, 2024

KNA by Michael Omondi

Apptivate Africa, a firm in innovative workplace solutions, has entered into a strategic partnership with a financial services provider Dime Credit to introduce a revolutionary employee benefit programme by empowering workers with convenient access to salary advances on behalf of their employers.

Following the escalating cost of living, and according to recent surveys, over 68 percent of employees report experiencing financial stress, impacting their overall well-being and productivity, hence a rising demand for employer-supported financial solutions, with over 80 percent of employees expressing interest in salary advance programmes.

Therefore, this collaboration between the two companies signifies a strategic alliance aimed at addressing the financial well-being of employees.

The programme will thus provide employees with a seamless process to access salary advances, helping bridge financial gaps and promote stability.

“We are delighted to join forces with Dime Credit to launch this transformative employee benefit programme. These statistics underline the critical need for accessible financial solutions, and through this collaboration, we aim to make a meaningful impact on the lives of employees,” said Neil Ribeiro, CEO, Apptivate Africa in a press statement.

Ribeiro stressed that Apptivate Africa is committed to redefining the employee experience by offering cutting-edge workplace solutions.

With a focus on enhancing financial well-being, he maintained that Apptivate Africa consistently seeks impactful partnerships to bring valuable benefits to the workforce.

In his remarks, Dime Credit Director John Fernandes expressed the firm’s excitement to partner with Apptivate Africa to address the growing demand for employee-focused financial solutions.

“These statistics underscore the urgency of providing accessible salary advances, contributing to a financially empowered workforce,” he added.

Dime Credit is a financial institution known for its dedication to providing accessible and flexible financial solutions. Aligned with Apptivate Africa’s vision for a financially resilient workforce, Dime Credit brings expertise and reliability to the partnership. 

Courtesy; KNA